Smith & Nephew
111 hedge funds and large institutions have $362M invested in Smith & Nephew in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 42 increasing their positions, 30 reducing their positions, and 8 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 30
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
23% more capital invested
Capital invested by funds: $293M → $362M (+$68.9M)
1% more funds holding
Funds holding: 110 → 111 (+1)
0.17% more ownership
Funds ownership: 1.45% → 1.62% (+0.17%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$36.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.65M |
| 3 |
Renaissance Technologies
New York
|
+$3.21M |
| 4 |
FGP
Foyston, Gordon, & Payne
Toronto,
Ontario, Canada
|
+$3.06M |
| 5 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$6.97M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.08M |
| 3 |
Bank of New York Mellon
New York
|
-$3.15M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.06M |
| 5 |
FI
FCM Investments
Dallas,
Texas
|
-$1.37M |
SNN Hedge Fund Activity: Q3 2013 in Review
111 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Smith & Nephew (SNN) for Q3 2013, worth a combined $362M — up 23% from $293M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SNN positions and 8 closed out — a net gain of 2 holders — while 42 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $36.7M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $6.97M sold.
- 111 institutional investors held Smith & Nephew (SNN) as of Q3 2013, up from 110 in Q2 2013.
- Funds reported $362M of Smith & Nephew stock for Q3 2013, up 23% quarter-over-quarter.
- 10 funds opened new Smith & Nephew positions in Q3 2013 and 8 closed out, a net change of +2 holders.
- The largest Smith & Nephew buyer in Q3 2013 was Fidelity Investments, an estimated $36.7M added.
- The largest Smith & Nephew seller in Q3 2013 was Allianz Asset Management, an estimated $6.97M sold.
Based on aggregated 13F filings for Q3 2013.